Commercial Underwriter - Hybrid working

Commercial Lending Underwriter / SME Lending / Term Loans / Working Capital / Permanent / Hybrid – 2 Days in Birmingham
Our client, a fast-growing and entrepreneurial financial institution, is seeking a highly capable Commercial Lending Underwriter to join their collaborative credit team. This is an exciting opportunity to support the delivery of tailored funding solutions to UK SMEs, working across a broad spectrum of commercial lending products. You will work closely with Relationship Managers, Credit Risk, and Operations to assess and underwrite structured loans, ensuring sound credit decisions and excellent customer outcomes.
Assess and underwrite new commercial lending proposals, including SME term loans, working capital facilities, and asset-backed finance
Prepare detailed credit papers with supporting analysis, approving or recommending deals in line with mandate and policy
Review financial accounts, forecasts, and business plans to determine borrower affordability and suitability
Reassess and monitor existing credit exposures, ensuring ongoing compliance with internal risk appetite and regulatory obligations
Strong underwriting experience in commercial lending, ideally within a bank, challenger, or alternative lender
Proven ability to assess SME credit risk, including trading businesses and property-backed borrowers
Solid understanding of financial statements, lending covenants, and security structures
Familiarity with regulatory requirements relevant to commercial finance (e.g. Comfortable working in a fast-paced, high-autonomy environment with hybrid flexibility